RiskTrak International (RTI)
RiskTrak International designs and develops software that manages all forms of business risk on a project, program, or enterprise level. We enable companies to better assess uncertainties in their organization. Our software tools aid them in identification, definition, estimation and analysis of those uncertainties, which improves their competitive position. We are a stand-alone solution, not just a Microsoft Project™ add-on. RiskTrak™ is customizable and extensible to any industry. Our Subject Matter Expert Generator allows organizations to leverage corporate “tribal” knowledge to create RiskTrak™ Interview Experts (i.e., electronic questionnaires) to establish and implement company standards for risk tolerance and management. RiskTrak™ gives complete project, program, or enterprise-wide risk / opportunity visibility to management.
At RiskTrak International (RTI) our extensive consulting and training experience with both private and public sector organizations convinced management of the need for research, techniques, and tools to aid in project risk management. We have invested heavily in research and development to further advance RiskTrak™ our risk management tool.
Ethics & Standards
We subscribe to the highest ethical standards. In a privately funded research project, we performed investigations and numerous interviews, to formulate our system of risk management. We interviewed our clients, program managers, project managers purchasing agents, copyright lawyers, sales managers, marketing managers, software managers, software designers, SQA engineers, test engineers, internalization experts and many others. This includes working relationships with several noted authors and experts in risk management.
Research & Development
From these subject matter experts we developed a system for managing the risks in each sector of business and product development cycle. We created a very exciting tool and process for performing risk identification, assessment, and management. We developed this tool because we immediately realized that industry lacked any such guardian device for true program / project risk management.
Studies have shown, that as projects grow in size and complexity, risk management becomes an essential factor in the overall success of a project or program. Our risk management software tool RiskTrak™ has been designed to be easily integrated into existing project, and program methodologies. We have developed the most advanced tool and process available for the management of risk.
RiskTrak International(RTI) enables companies to better assess uncertainties in their organization. Our software toolRiskTrak™aids them in identification, definition, estimation and analyses of those uncertainties, which improves their competitive position.
We have numerous success stories of clients who use our original product; some notable ones are the corrective program to repair the Hubble Space Telescope, the Brazilian National Oil Company Petrobras enterprise-wide solution and the recent U.S. Capitol Visitor Center Project in Washington D.C.
RiskTrak International is a small business concern in the high technology arena, involved with risk management consulting services, software development, and systems design. RTI has experience consulting with both large and small companies. Under the direction of Charles W. Bosler Jr., CPCM RTI has been spending its own research dollars to further advance its risk management system and consulting practice. From this research we developed a comprehensive risk management system. At RTI, we believe that we have developed the most advanced tool in the industry for the management of project risk.
At RiskTrak International we believe that Risk Management is the key area in the future success of business and Project Management in the 21st century. Our Product, RiskTrak™ is based on the most current concepts in risk management. RiskTrak™ is specifically designed to effectively track identified risks and risk mitigation actions, then communicate mid-course adjustments to the project team.